Trader Assistant Interview Questions

578 trader assistant interview questions shared by candidates

I have $1M on hands. You're invited to a gangling game. Tails: Payoff: twice you bet (if you bet $1, you will get $2+ your bet). Heads= you lose your bet. How much would you bet (it's a one-off gamble, no second chance).
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Trader Assistant

Interviewed at DRW

4.3
Dec 3, 2011

I have $1M on hands. You're invited to a gangling game. Tails: Payoff: twice you bet (if you bet $1, you will get $2+ your bet). Heads= you lose your bet. How much would you bet (it's a one-off gamble, no second chance).

roll a dice, win 2* the value of the face if it is an even number, or win 1*the value of the face if it is an odd number. what is the amount of money you need to charge to play the game. Then if you are given the opportunity to make a decision and play again, you will only be paid by the result of the last rolling. What is amount of money you need to charge to play the game
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Nov 18, 2015

roll a dice, win 2* the value of the face if it is an even number, or win 1*the value of the face if it is an odd number. what is the amount of money you need to charge to play the game. Then if you are given the opportunity to make a decision and play again, you will only be paid by the result of the last rolling. What is amount of money you need to charge to play the game

You can host a party if there is no rain on either Saturday or Sunday. The probability of it raining on a Saturday is 80% and the chance of it raining on Sunday is 60%. What is the probability there is a party on the weekend? Given that you had a party over the weekend, what is the probability that that it rained at the weekend?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Sep 14, 2011

You can host a party if there is no rain on either Saturday or Sunday. The probability of it raining on a Saturday is 80% and the chance of it raining on Sunday is 60%. What is the probability there is a party on the weekend? Given that you had a party over the weekend, what is the probability that that it rained at the weekend?

You are trying to get to Orlando, which is 800 miles away. You have 2500 apples, and you drive a truck which can hold a thousand at a time. You have unlimited gas, can take as many trips as you'd like, and if you want, you can store apples anywhere on the side of the road and pick them up later. The kicker is- one apple falls out and disappears forever for every mile you drive on the truck How many apples can you transport? Do it in your head- no paper or pencil
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Trader Assistant

Interviewed at Jane Street

4.4
Jul 20, 2010

You are trying to get to Orlando, which is 800 miles away. You have 2500 apples, and you drive a truck which can hold a thousand at a time. You have unlimited gas, can take as many trips as you'd like, and if you want, you can store apples anywhere on the side of the road and pick them up later. The kicker is- one apple falls out and disappears forever for every mile you drive on the truck How many apples can you transport? Do it in your head- no paper or pencil

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